value

/'vælju:/
Noun
  1. an ideal accepted by some individual or group
    • he has old-fashioned values
  2. (music) the relative duration of a musical note
  3. relative darkness or lightness of a color
    • I establish the colors and principal values by organizing the painting into three values--dark, medium...and light-Joe Hing Lowe
  4. the amount (of money or goods or services) that is considered to be a fair equivalent for something else
    • he tried to estimate the value of the produce at normal prices
  5. the quality (positive or negative) that renders something desirable or valuable
    • the Shakespearean Shylock is of dubious value in the modern world
  6. a numerical quantity measured or assigned or computed
    • the value assigned was 16 milliseconds
Verb
  1. estimate the value of
    • How would you rate his chances to become President?
    • Gold was rated highly among the Romans
  2. evaluate or estimate the nature, quality, ability, extent, or significance of
    • I will have the family jewels appraised by a professional
    • access all the factors when taking a risk
  3. regard highly; think much of
    • I respect his judgement
    • We prize his creativity
  4. hold dear
    • I prize these old photographs
  5. fix or determine the value of; assign a value to
    • value the jewelry and art work in the estate

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value
A family discusses the value of honesty around the dinner table.